mobile financial service

Non-life insurers can now collect premium thru MFS

Non-life insurance companies in Bangladesh will be able to collect premiums through mobile financial service (MFS) providers as the Insurance Development and Regulatory Authority (Idra) looks to facilitate the use of modern technologies in the industry.

Universal Pension Scheme: MFS service charge set at 0.7%

The Bangladesh Bank says in a circular

MFS transactions hit record Tk 1.25 lakh crore in April

Mobile financial service (MFS) providers recorded Tk 1.25 lakh crore-worth transactions in April, the highest ever so far, buoyed by an increase in spending, payments and money transfers ahead of the Eid-ul-Fitr festival. 

Nagad Finance PLC receives new NBFI licence

Nagad will now move to be an MFS under Nagad Finance

bKash to invest Tk 87 crore in 2023 to improve services

The MFS provider made a profit for the first time in four years

Money transfer across MFS platforms finally a reality

Users of a mobile financial service (MFS) provider can now transfer money to their counterparts registered with other operators and banks as interoperability among the financial service providers comes into a reality today.    

Essential service ACT: Draft tugs at right to go on strike

The cabinet yesterday gave the nod to the draft of the Essential Service Act, 2022, including a clause that criminalises strikes in organisations whose services are declared essential -- in a development that stands to set back the country’s labour rights.

October 2, 2023
October 2, 2023

Non-life insurers can now collect premium thru MFS

Non-life insurance companies in Bangladesh will be able to collect premiums through mobile financial service (MFS) providers as the Insurance Development and Regulatory Authority (Idra) looks to facilitate the use of modern technologies in the industry.

August 28, 2023
August 28, 2023

Universal Pension Scheme: MFS service charge set at 0.7%

The Bangladesh Bank says in a circular

June 22, 2023
June 22, 2023

MFS transactions hit record Tk 1.25 lakh crore in April

Mobile financial service (MFS) providers recorded Tk 1.25 lakh crore-worth transactions in April, the highest ever so far, buoyed by an increase in spending, payments and money transfers ahead of the Eid-ul-Fitr festival. 

May 17, 2023
May 17, 2023

Nagad Finance PLC receives new NBFI licence

Nagad will now move to be an MFS under Nagad Finance

April 18, 2023
April 18, 2023

bKash to invest Tk 87 crore in 2023 to improve services

The MFS provider made a profit for the first time in four years

November 14, 2022
November 14, 2022

Money transfer across MFS platforms finally a reality

Users of a mobile financial service (MFS) provider can now transfer money to their counterparts registered with other operators and banks as interoperability among the financial service providers comes into a reality today.    

November 1, 2022
November 1, 2022

Essential service ACT: Draft tugs at right to go on strike

The cabinet yesterday gave the nod to the draft of the Essential Service Act, 2022, including a clause that criminalises strikes in organisations whose services are declared essential -- in a development that stands to set back the country’s labour rights.